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Whatt is the purchase price of a 50 day T-Bill With maturity value of $2,053 that earns an annual interest rate of 2.838%? (Assume a
Whatt is the purchase price of a 50 day T-Bill With maturity value of $2,053 that earns an annual interest rate of 2.838%? (Assume a 360-day year).
What is the purchase price of a 50-day T-bill with a maturity value of $2,053 that earns an annual interest rate of 2.838%? (Assume a 360-day year.) The purchase price is $ (Round to two decimal places.) The purchase price is $__________
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